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LSE:PWI 16 February 2026

UK stock market today: FTSE 100 closes higher as NatWest buyback lifts banks; Pinewood tumbles

UK stock market today: FTSE 100 closes higher as NatWest buyback lifts banks; Pinewood tumbles

Britain’s FTSE 100 closed up 0.3% at 10,473.69 on Monday, led by NatWest’s 4.8% jump after it launched a £750 million buyback. Defence stocks gained as Prime Minister Keir Starmer called for faster defence spending. The FTSE 250 fell 0.2%, dragged by Pinewood Technologies’ 33% plunge after Apax Partners withdrew. SkinBioTherapeutics tumbled 45% after warning of a major earnings hit.
16 February 2026
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Stock Market Today

  • ITT, Oshkosh, Cummins, Littelfuse, and American Superconductor Stocks Surge on De-escalation Hopes
    March 31, 2026, 8:16 PM EDT. Shares of ITT, Oshkosh, Cummins, Littelfuse, and American Superconductor climbed sharply in morning trading as markets rebounded. Stabilizing oil prices and reports President Trump may end military conflict in Iran eased fears of prolonged geopolitical risk. The Wall Street Journal noted the president's readiness to de-escalate despite partial closure of the Strait of Hormuz, a key oil shipping route. The S&P 500 rose over 1%, reflecting renewed investor confidence in cyclical sectors sensitive to global stability. Oshkosh, volatile but up 7.7% year-to-date, remains 20% below its 52-week high, signaling cautious optimism. The rally underscores how reduced military tensions can lower energy costs and benefit industrial firms. Retail investors are urged to watch for opportunities amid market swings in quality industrial stocks.
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